Private Equity
Andrea Alms Video: Money In Motion 104 - Collagen Market
April 2024 - Private Equity
TRANSCRIPT Hello, my name is Andrea Alms. I'm technology investor and financial manager and this is your money in motion. What is it? Collagen is the main structural protein found throughout the body, representing approximately 30% of total protein mass. The word collagen comes from the word Greek color, which means glue. Producer. Collagen forms all connective tissues, including skin, nails, tendons, ligaments, and is the most abundant fibrous protein within the extracellular matrix and mirror.
The global collagen and gelatin market size was valued at 943.25 million U.S. dollars in 2023, and revenue is expected to grow at 7.8%, reaching nearly 1.59 billion U.S. dollars, according to data Bridge Market Research. The collagen market was valued at 5.76 billion in 2021, and it is expected to reach 9.19 billion by 2029, at a compound average growth rate of 6%.
At research and markets, the collagen market is estimated in 2023 to be 5.1 billion U.S. dollars. By 2030, it is forecast to grow to 7.4 billion at a compound average growth rate of 5.3%. Averaging the averages, the global collagen market is 3.9 billion, with a compound average growth rate of 6.4%. Thank you. This is your money. Your money in motion.